Energy Future Holdings Corp. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On June 6, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Energy Future Holdings Corp. and its affiliates.

The filing was assigned docket number 8668 and is described on the court’s official docket as follows:

Motion to Authorize (Motion of Texas Competitive Electric Holdings Company LLC and Certain of Its Debtor Affiliates, for Entry of Orders (I) (A) Authorizing the TCEH Debtors to (X) Enter Into the Postpetition Financing Commitment Letter and the Fee Letter, (Y) Pay Associated Fees and Expenses, and (B) Granting Related Relief and (II) (A) Approving Postpetition Financing for Texas Competitive Electric Holdings Company LLC and Certain of Its Debtor Affiliates, (B) Granting Liens and Providing Superpriority Administrative Expense Claims, (C) Authorizing Refinancing of Secured Post-Petition Debt and (D) Modifying the Automatic Stay) Filed by Energy Future Holdings Corp.. Hearing scheduled for 6/27/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 6/20/2016. (Attachments: # (1) Notice of Motion and Hearing # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Madron, Jason)

Energy Future Holdings Corp. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 29, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-10979. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Energy Future Holdings Corp. in the bankruptcy case.


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